Milestone Asset Management LLC Sells 1,561 Shares of ProShares Ultra S&P500 (NYSEARCA:SSO)

Milestone Asset Management LLC decreased its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,490 shares of the real estate investment trust’s stock after selling 1,561 shares during the period. ProShares Ultra S&P500 accounts for 0.9% of Milestone Asset Management LLC’s portfolio, making the stock its 29th largest position. Milestone Asset Management LLC owned approximately 0.08% of ProShares Ultra S&P500 worth $4,301,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Fortitude Family Office LLC purchased a new position in shares of ProShares Ultra S&P500 during the third quarter valued at approximately $42,000. BNP Paribas Financial Markets bought a new position in shares of ProShares Ultra S&P500 during the 3rd quarter valued at $48,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of ProShares Ultra S&P500 in the 2nd quarter worth $58,000. Abound Wealth Management grew its holdings in shares of ProShares Ultra S&P500 by 46.7% in the fourth quarter. Abound Wealth Management now owns 782 shares of the real estate investment trust’s stock worth $72,000 after acquiring an additional 249 shares during the period. Finally, Eastern Bank bought a new stake in ProShares Ultra S&P500 during the third quarter valued at approximately $81,000.

ProShares Ultra S&P500 Trading Down 0.9 %

NYSEARCA:SSO opened at $96.98 on Thursday. The stock has a 50-day moving average price of $96.11 and a 200 day moving average price of $90.41. ProShares Ultra S&P500 has a 12-month low of $66.68 and a 12-month high of $100.12.

About ProShares Ultra S&P500

ProShares Ultra S&P500 (the Fund), formerly Ultra S&P500 ProShares, seeks daily investment results that correspond to twice (200%) the daily performance of the S&P 500 Index. The S&P 500 Index is a measure of large-cap United States stock market performance. It is a float-adjusted market capitalization weighted index of 500 United States operating companies and real estate investment trusts (REITs) selected by the S&P U.S.